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ACL
ACL
ACL - ArcelorMittal South Africa Limited - Offer and acceptance of share
options
ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1989/002164/06)
Share Code: ACL
ISIN: ZAE000103453
("ArcelorMittal South Africa" or "the Company")
OFFER AND ACCEPTANCE OF SHARE OPTIONS
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the
JSE Limited, we hereby advise, that the following options in ArcelorMittal
South Africa securities have been offered to and accepted by the Chief
Executive Officer.
Name Enrico Mario Reato
Position held Chief Executive Officer
Company ArcelorMittal South Africa
Nature of transaction Grant and acceptance of options
Number of securities 46 360
Price of securities R133-50
Exercise value of securities R6 189 060.00
Class of security Ordinary shares
Offer date 20 November 2007
Nature of interest Direct beneficial
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
CHANGES IN SHARE OPTIONS DUE TO CAPITAL REDUCTION
In compliance with paragraph 3.63 - 3.66 of the Listings Requirements of the
JSE Limited, we hereby advise, that due to the capital reduction announced on
1 August 2007 the options granted and accepted by the Chief Executive Officer
have been adjusted in terms of the rules of the scheme as follows:
Name Hendrik Jacobus Verster
Position held Executive Director, Finance
Company ArcelorMittal South Africa
Nature of transaction Changes to options already granted and accepted
Offer Date Original Adjusted Number of Number of
Offer Price Offer Price Options Prior Options After
the Adjustment the Adjustment
1/3/2006 R60.91 R54.19 9 600 10 842
17/11/2006 R86.00 R76.51 24 990 28 313
12/12/2005 R60.00 R53.38 35 720 40 326
8/11/2006 R94.29 R83.88 55 190 62 608
The required clearance per section 3.66 of the JSE Listings Requirements was
obtained.
Vanderbijlpark
21 November 2007
Sponsor to ArcelorMittal South Africa
Deutsche Securities (SA) (Proprietary) Limited
Date: 21/11/2007 16:41:01 Produced by the JSE SENS Department.
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